Analysis
2019, December, 2, 13:55:00
RUSSIA'S GAS FOR CHINA: $400 BLN
The ‘Power of Siberia’ pipeline, due to open on Dec. 2, will pipe natural gas around 3,000 km (1,865 miles) from Russia’s Siberian fields to the fading industrial region, which has lagged the push to gas in China’s south and east.
2019, December, 2, 13:40:00
CHINA'S COAL: THE MAJOR
“Since coal is still a major resource, we will continue to rely on coal when we need it - and right now for instance, the economy is slowing and renewables are still relatively weak,” said Lin Boqiang, dean of the China Institute for Energy Policy Studies.
2019, December, 2, 13:20:00
INDIA'S RENEWABLE WILL UP
IEEFA forecasts India's cumulative renewable energy capacity to expand 17% year-on-year to 93.5GW by the end of 2019/20, adding a total of 13.5GW in 2019/20 (relative to just 5.7GW to-date).
2019, November, 29, 15:50:00
OIL PRICE: NOT ABOVE $64 AGAIN
Brent were down 29 cents at $63.58 a barrel, WTI were flat at $58.11
2019, November, 29, 15:20:00
JAPAN'S GREENHOUSE DOWN
Japan, the world’s fifth-biggest carbon emitter, has set a goal to trim emissions by 26% from 2013 levels to 1.042 billion tonnes by 2030. The latest figure represents a reduction of 11.8% from 2013 levels, data showed.
2019, November, 29, 15:15:00
U.S. GDP UP 2.1%
U.S. Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the third quarter of 2019 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent.
2019, November, 29, 15:10:00
U.S. RIGS DOWN 1 TO 802
U.S. Rig Count is down 1 rig from last week to 802, Canada Rig Count is down 11 rigs from last week to 126
2019, November, 27, 12:20:00
OIL PRICE: NOT ABOVE $65
Brent dropped 9 cents, or 0.14%, to $64.18 a barrel, WTI fell 12 cents, or 0.21%, to $58.29 per barrel.
2019, November, 27, 12:05:00
GREENHOUSE GAS CONCENTRATIONS UP
Levels of heat-trapping greenhouse gases in the atmosphere have reached another new record high, according to the World Meteorological Organization. This continuing long-term trend means that future generations will be confronted with increasingly severe impacts of climate change, including rising temperatures, more extreme weather, water stress, sea level rise and disruption to marine and land ecosystems.
2019, November, 27, 11:55:00
CHINA'S LNG IMPORTS UPDOWN
Over January-October, China imported 47.43 million mt of LNG, up 14.2% on year, the customs data showed.
2019, November, 27, 11:50:00
INDIA'S LPG IMPORTS UPDOWN
India's LPG imports over January-October totaled 11.884 million mt, up 19.5% on year, exceeding industry projections of 17% annual growth
2019, November, 27, 11:45:00
U.S. COAL GENERATION DOWN
US coal-fired power generation totaled 85.9 TWh in September, down 8.8% from August,
2019, November, 27, 11:40:00
COAL GENERATION DOWN
In the past three and a half decades, the analysis noted, only two other years had declines in coal generation - 2009 with a 148 TWh drop and 2015 with a 217 TWH drop.
2019, November, 27, 11:35:00
PEMEX PRODUCTION DOWN
Output averaged 1.66 million barrels per day (bpd) last month, or about 50,000 barrels less than in September. Compared the same month last year, Pemex’s October oil output was down 5.5%.
2019, November, 25, 13:25:00
OIL PRICE: NOT ABOVE $64 ANEW
Brent were at $63.73, up 34 cents, WTI rose 26 cents, or 0.45% to $58.03 a barrel